TAMAN JERNIH in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2022, with a median price of RM 123K and a median price per square foot (PSF) of RM 190.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 123K, with most transactions falling within a stable range of RM -44,000 to RM 290K, and a typical market range of RM -4,500 to RM 251K.
Most transactions involved cluster house, with moderate diversity in property types available.
Price per square foot shows a median of RM 190, though individual units vary from RM 151 to RM 229 in the core range. The broader market spans RM 148.50 to RM 231.50, indicating diverse property characteristics. The spread of RM 83.00 (IQR) and deviation of RM 39 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
